Save Article

Blue-Chip Shares Stumble;
Tech Selloff Continues

Blue-chip stocks stumbled Thursday, while the technology sector continued to slide amid growing anxiety about high stock valuations.

Juniper Networks slid 21 points to end at 267 on Nasdaq, closing 14.6% below the 52-week high it set Wednesday. Commerce One fell 9 11/16 to 173 5/16, trading 47.6% below its high for the last 12 months. PMC-Sierra lost 16 7/8 to end at 173 1/4, 32.2% below its March 10 52-week high.